Global coal demand will be at an average 2.3% growth each year

In the next five years, the global coal demand will with 2.3% growth per year on average, than the IEA had expected 2.6% growth was reduced by 0.3%.In regional terms,ASME Carbon Steel Welding Neck Flange mid global coal demand growth will be concentrated in non-oecd countries, does not change significantly the total demand of oecd countries.Due to the power consumption at the low end, along with the increase of energy efficiency, renewable energy use, Europe's coal demand will decline at an annual rate of 1%, is expected to total demand is 417 million to 2018 tons.

At the same time, India,RF/FF welding socket slip on flange Russia and other emerging economies, demand will grow at a faster pace.Although China's coal consumption will be in the future 5 years accounted for 60% of the global total, but due to the Chinese government take measures to encourage the adoption of cleaner technologies, energy efficiency, promote the diversification of energy production, China's actual growth in demand for coal will decline.

Report also noted that as the world's coal,elbow 180 degree a234 wpb butt weld elbows the second largest consumer, the coal consumption dropped by 10.7% in 2012.Due to the large scale exploitation of shale gas, combined with old elimination and control of the emissions from coal-fired power plants, the demand for coal in the next five years is expected to reduce 0.1% a year, to 2018 total demand will drop to 606 million tons.